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Nonprofit · EIN 45-0397196

SANFORD HEALTH FOUNDATION WEST

Tax-exempt · SIOUX FALLS, SD 57117

Financials

$1.3M$1M2023$4.7M$1.5M2024
Revenue Expenses · by fiscal year end
Financials of SANFORD HEALTH FOUNDATION WEST by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$4,684,599$1,535,983$3,148,616$35,095,091$27,848$35,067,243
December 31, 2023990$1,346,861$1,006,572$340,289$31,022,228$44,220$30,978,008
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,335,707
Program service revenue
$0
Investment income
$2,211,219
Net gain from sales of assets
$1,167,616
Net income from fundraising events
$137,673
Other revenue
$137,673

Expenses

Grants and similar amounts paid
$1,535,983
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$4,370
Occupancy
$32,678
Travel
$15,871
Depreciation
$1,147
Program services (functional)
$1,535,983

Balance sheet and other

Total assets, start of year
$31,022,228
Total assets, end of year
$35,095,091
Total liabilities, end of year
$27,848
Net assets, end of year
$35,067,243
Land, buildings and equipment
$1,812
Publicly traded securities
$32,894,765
Net assets without donor restrictions
$13,799,294
Net assets with donor restrictions
$21,267,949
Gross receipts
$7,596,264
Employees
0
Volunteers
26
Year formed
1986
State of legal domicile
ND

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
BILL GASSENTRUSTEE, PRESIDENT & CEO
Trustee or director, Officer
0.75$0$4,414,119$585,241
SCOTT WOOTENEVP, CFO (END 4/24)
Officer
0.75$0$2,525,208$51,220
NICK OLSONEVP, CFO (BEG 4/24)
Officer
0.75$0$1,047,876$123,386
BILL MARLETTEINTERIM, EVP, CFO (END 1/24)
Officer
0.75$0$894,301$275
DEB KOSKICHIEF PHILANTHROPY OFFICER
Key employee
12$0$485,983$48,491
ANDY NORTHTRUSTEE, SECRETARY, INDEP CONTRACTOR
Trustee or director, Officer
0.02$0$379,383$0
MICHELLE BRUHNFORMER EVP, CFO & TREASURER
Former
0$0$293,725$0
LAURIS MOLBERTTRUSTEE, CHAIRPERSON
Trustee or director, Officer
0.02$0$107,199$0
BRENT TEIKENTRUSTEE
Trustee or director
0.02$0$84,246$0
JAMES CAINTRUSTEE, TREASURER
Trustee or director, Officer
0.02$0$81,651$0
MARNIE HERMANNTRUSTEE, VICE CHAIR
Trustee or director, Officer
0.02$0$80,382$0
NEIL GULSVIGTRUSTEE, PAST CHAIR
Trustee or director, Officer
0.02$0$80,055$0
MARK LUNDEEN MDTRUSTEE
Trustee or director
0.02$0$80,000$0
DAVID SHULKINTRUSTEE
Trustee or director
0.02$0$79,826$0
STEPHANIE HERSETH SANDLINTRUSTEE
Trustee or director
0.02$0$78,750$0
3 more people on this return
NameTitleHours / weekCompensationFrom related orgs
WESLEY ENGBRECHTTRUSTEE
Trustee or director
0.02$0$77,594
DANA DYKHOUSETRUSTEE
Trustee or director
0.02$0$76,727
DON JACOBSFORMER TRUSTEE
Former
0$0$13,502
990 for the year ended December 31, 2023: 16 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
MICHELLE BRUHNEVP, CFO & TREASURER (END 6/23)
Officer
0.5$0$3,526,262$105,043
BILL GASSENTRUSTEE, PRESIDENT & CEO
Trustee or director, Officer
0.5$0$2,821,352$439,680
BILL MARLETTEINTERIM, EVP, CFO (BEG 6/23)
Officer
0.5$0$1,306,330$378
MARK LUNDEEN MDTRUSTEE, PHYSICIAN
Trustee or director
0.5$0$591,873$16,560
DEB KOSKICHIEF PHILANTHROPY OFFICER
Key employee
5$0$432,198$49,029
MICAH ABERSONFORMER EVP
Former
0$0$453,110$0
ANDY NORTHTRUSTEE, SECRETARY, INDEP CONTRACTOR
Trustee or director, Officer
0.5$0$324,345$0
BOBBIE TIBBETTSFORMER CHIEF PHILANTHROPY OFFICER
Former
0$0$124,802$0
NEIL GULSVIGTRUSTEE, CHAIRPERSON
Trustee or director, Officer
0.5$0$66,718$0
BRENT TEIKENTRUSTEE, PAST CHAIR
Trustee or director, Officer
0.5$0$38,404$0
DON JACOBSTRUSTEE (END 12/23)
Trustee or director
0.5$0$37,332$0
LAURIS MOLBERTTRUSTEE, VICE CHAIR
Trustee or director, Officer
0.5$0$37,099$0
JAMES CAINTRUSTEE
Trustee or director
0.5$0$35,599$0
WESLEY ENGBRECHTTRUSTEE
Trustee or director
0.5$0$34,599$0
MARNIE HERMANNTRUSTEE, TREASURER (BEG 4/23)
Trustee or director, Officer
0.5$0$32,099$0
ROBIN SMITHTRUSTEE, TREASURER (END 4/23)
Trustee or director, Officer
0.5$0$11,000$0

Address and contacts

Address (IRS master file)
PO BOX 5039, SIOUX FALLS, SD 57117-5039
Principal officer (990 for 2024)
BILL GASSEN, 2301 EAST 60TH ST, SIOUX FALLS, SD 57104
Signed the 990
NICHOLAS OLSON, EVP, CFO
Phone
(701) 323-6000
Return prepared by
ERNST & YOUNG US LLP

Mission

TO INSPIRE PHILANTHROPY TO ADVANCE THE MISSION OF SANFORD HEALTH, THE PREMIER RURAL HEALTH SYSTEM IN THE U.S., AND RELATED EXEMPT ENTITIES. 100% OF DONOR DOLLARS FUEL LOCAL PRIORITIES TO CARE, COMFORT AND CURE.

990 for the year ended December 31, 2024

Program accomplishments

  • THE FOUNDATION INSPIRES AND FACILITATES PHILANTHROPIC INVESTMENT AND BUILDS COMMUNITY ENGAGEMENT AROUND LOCAL HEALTH-CARE RELATED PROGRAMS, SERVICES AND OPERATIONS OF SANFORD HEALTH WHILE ALSO SEEKING REGIONAL, NATIONAL AND INTERNATIONAL SUPPORT FOR RESEARCH AND OTHER HEALTH INITIATIVES. SPECIFICALLY, DONATIONS HELP PROVIDE PATIENT CARE AND FAMILY SUPPORT ($670,147), EQUIPMENT AND FACILITY IMPROVEMENT PROJECTS ($414,256), AND OTHER INTERNAL PROGRAMS ($23,585).
    Expenses $1,107,988 · grants $1,107,988
  • ADDITIONAL DONATIONS SUPPORT CONTINUING EDUCATION FOR STAFF AND RESEARCH PROGRAMS THAT SUPPORT THE HIGHEST STANDARDS OF PATIENT CARE TODAY AND DRIVE INNOVATION AND DISCOVERY OF THE TREATMENTS AND CURES OF TOMORROW.
    Expenses $427,995 · grants $427,995

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
45-0397196
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1987
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E22I)
Assets (IRS master file)
$35,095,091
Income (IRS master file)
$7,596,264

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$4,684,599$1,535,983$35,095,091XML
990December 2023$1,346,861$1,006,572$31,022,228XML
990December 2022$3,931,966$1,427,811$26,792,372IRS
990December 2021–––IRS
990December 2020–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-0397196).

Questions about SANFORD HEALTH FOUNDATION WEST

What is the EIN of SANFORD HEALTH FOUNDATION WEST?
The employer identification number (EIN) of SANFORD HEALTH FOUNDATION WEST is 45-0397196.
Is SANFORD HEALTH FOUNDATION WEST tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
Are donations to SANFORD HEALTH FOUNDATION WEST tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SANFORD HEALTH FOUNDATION WEST file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of SANFORD HEALTH FOUNDATION WEST due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SANFORD HEALTH FOUNDATION WEST last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of SANFORD HEALTH FOUNDATION WEST?
The 990 for the year ended December 31, 2024 names BILL GASSEN.
Who are the officers and directors of SANFORD HEALTH FOUNDATION WEST?
The 990 for the year ended December 31, 2024 lists 18 people; 0 received compensation from the organization.
How much revenue does SANFORD HEALTH FOUNDATION WEST have?
On its 990 for the year ended December 31, 2024 it reported revenue of $4,684,599, expenses of $1,535,983 and total assets of $35,095,091 at year end.

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